INVESTOR CONFIDENCE ON THE RISE

 

Property investor confidence has had a significant boost over the New Year in Auckland and Christchurch, with a growth of 17% and 16% respectively. It is hoped that this increase will start to appear in other areas of New Zealand in the coming months, as investors become optimistic of the market’s gradual recovery. Wellington has seen a notable improvement in office sector confidence, according to Colliers analyst Alan McMahon.

Source: The National Business Review, 17 October 2010 (HD)

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